Fed Dissenters Speak Out: 'The Next Rate Change Could Be Either A Cut Or A Hike'

(Yahoo! Finance) - Three Federal Reserve officials offered insight about why they dissented at this past week’s meeting over the central bank’s bias toward cutting interest rates.The policy statement released by the Federal Open Market Committee following the April 29 meeting said officials will consider the extent and timing of “additional adjustments” to interest rates.

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China's Rare Defiance Of US Sanctions Sparks Showdown Over Banks

(Bloomberg) - China has ordered companies to defy US sanctions for the first time, a step that threatens to put its banking sector into the crosshairs of competition between the world’s largest economies.

Current Earnings Strength Being Driven By Capital Investment In Artificial Intelligence

It comes down to earnings durability and breadth.

Tax Alpha, Total Customization, and Five Minutes a Quarter: Alpha Vee Makes the Case for Direct Indexing

Every advisor has a version of the same pitch conversation.

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Citi Wealth Division's CIO Bailin to Depart After 15 Years

Citigroup's David Bailin, chief investment officer (CIO) at the global wealth division, will leave on May 15 after 15 years at the bank.

Washington Wire

SEC Fines Five Investment Advisors for Violating Marketing Rule

SEC has imposed fines totaling $200,000 on five registered investment advisor (RIA) firms for presenting hypothetical investment results.

Washington Wire

Fed Hiking Rates to 6.5% Is ‘Real Risk’ for UBS Strategists

The combination of strong US growth and sticky inflation raises the odds the Fed hikes rather than cuts interest rates says UBS Group AG strategists.

Profits Surge at Goldman Sachs on Wall Street Revival

Profits at Goldman Sachs (GS) rose 28% in the first quarter as investment banking revenues surged, giving CEO David Solomon some needed momentum.

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The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

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Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO

Practice Management

Private Credit Could Spark Psychological Contagion, Barr Warns

Companies

The Only Number That Matters For 'Magnificent 7' Earnings This Week: Morning Brief

Companies

Microsoft Beats But Expectations Were Steep